What is the inflation rate of the New York, NY area?
Refreshed monthly
The inflation rate was 5.1%, as of October 2026. The annual inflation rate measures the difference in prices between one month and the same month a year before. While several government datasets track price changes, the Consumer Price Index (CPI) represents the spending habits of people living in urban areas, or about 90% of the US population. The CPI also provides area-specific inflation rates. The latest CPI data shows that in the New York, NY area, inflation is higher than the US overall: 5.1% vs. 4.0.
BLS did not publish an October 2025 Consumer Price Index because of the federal government shutdown. BLS publishes CPI data for some metro areas in even-numbered months and for others in odd-numbered months. For this metro area, we used the average of September 2025 and November 2025 to approximate the missing October 2025 value, so October 2026 year-over-year changes are approximate.
5.1%
headline inflation rate, all items (October 2025 to October 2026)
4%
annual inflation rate, all items in all urban areas in the US (October 2025 to October 2026)
The CPI-based inflation rates for metro areas are based on the same basket of goods and services used to track the national rate, with proportions adjusted to reflect local supply and demand. Each area assigns different levels of importance to over 200 categories—ranging from electricity to used cars—based on local spending patterns.
CPI reports include two inflation rates: headline and core. Headline inflation includes all consumer spending categories, such as food, housing, and transportation, offering a broad view of the overall cost of living. But because food and energy prices can be highly volatile due to factors like weather or supply chain disruptions, core inflation excludes these categories.
In October 2026, the New York, NY area had a headline inflation rate of 5.1% and core inflation of 4.5%. Core inflation was lower than headline. That means food and energy had higher price increases over the previous year compared to other goods and services.
Headline inflation was higher than core inflation in October 2026.
Year-over-year percent change of CPI-U, New York, NY area, not seasonally adjusted. October 2026 rates use an estimated October 2025 base.
Headline inflation in the New York, NY area was higher than the national average for all urban areas. New York, NY area price increases were higher in four CPI categories: housing, recreation, food and beverages, and transportation. Of those, transportation inflation differed most between the area and the rest of the country. The annual inflation rate for transportation was 14.4% in the area, compared with 8.3% across the US.
In the New York, NY area during October 2026, the inflation rate for transportation was 14.4%
Year-over-year percent change of CPI-U (October 2025 to October 2026), not seasonally adjusted. October 2026 rates use an estimated October 2025 base.
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
Page sources
USAFacts endeavors to share the most up-to-date information available. We sourced the data on this page directly from government agencies; however, the intervals at which agencies publish updated data vary.
